UK's leading trade association for digital and crypto assets, representing 100+ members since 2017.
We work closely with the UK Government, policy makers and regulators, including the Financial Conduct Authority (FCA), HM Treasury (HMT), HM Revenue and Customs (HMRC) and the Bank of England (BoE), advocating for fair and balanced policies that align with the government's goal of establishing the UK as a global leader in cryptoasset technology. Representing and collaborating with our 100+ members, we strive to shape a regulatory framework that supports their interests while advancing the government's ambitions. Meanwhile, throughout the year, we host regular in-person and virtual events, creating opportunities for insightful discussions and impactful networking.
Our Goals
As the UK continues to forge its path in the evolving landscape of digital finance, we have identified key areas essential to realising our vision of a competitive, secure, and forward-looking crypto ecosystem. With the right regulatory frameworks, access to professional expertise, and a commitment to education, the UK is poised to become a global leader in digital assets and emerging technologies. Our five goals reflect this ambition, addressing the vital components required for a thriving and responsible crypto environment.
Realising the UK’s Ambition to Become a Competitive Global Crypto Hub
Access to the UK’s Professional Services Ecosystem
Informed and Appropriate Regulations to Combat Illicit Activities
Enabling Effective Regulation to Power Innovation and Growth for Decentralised Emerging Technologies
Driving awareness, understanding and adoption through education
Our Strategy
Since 2017, we have been committed to building a secure, innovative digital finance ecosystem in the UK through active engagement with policymakers, regulators, and industry leaders. Our member-led Working Groups give the crypto industry a unified voice, while our Crypto Code of Conduct sets standards in governance, accountability, and consumer protection. We further support industry growth by hosting in-person networking events and webinars, offering members valuable opportunities to share insights with an engaged audience, and promoting ongoing learning and awareness.
100+
Consultation Responses
90+
Networking Events
70+
Online Events and Webinars
800+
Coverage & Commentary
Recent Publications
CryptoUK Supports Call for Urgent Reform of Crypto and Digital Asset Taxation to Foster UK Innovation
CryptoUK welcomes the letter presented by member firm and UK tax thought leader, Recap and its CEO, Dan Howitt, to […]
CryptoUK and Members Respond to House of Lords Special Public Bill Committee – Call for Evidence on the Property (Digital Assets etc) Bill
CryptoUK (“we”, “our”) and its members welcome the opportunity to provide evidence to the Special Public Bill Committee on the […]
CryptoUK Responds to HMT Call for Evidence on a Financial Services Growth and Competitiveness Strategy
CryptoUK welcomes the opportunity to respond to the Call for Evidence on a growth and competitiveness strategy for the UK’s […]
CryptoUK and Members Respond to the House of Lords Inquiry into the Secondary International Competitiveness and Growth Objectives for the FCA & PRA
CryptoUK (“we”) and its members welcome the opportunity to comment on the Call for Evidence – Inquiry into the secondary […]
CryptoUK and Members Respond to the Bank of England “Approach to Innovations in Money and Payments” Discussion Paper
CryptoUK (“CUK”, “we”) and its members welcome the opportunity to comment on the Discussion Paper regarding the Bank of England’s […]
CryptoUK and Members Autumn Budget 2024 Stakeholder Representation – 10 September 2024.
Introduction In anticipation of your forthcoming Autumn Statement 2024, CryptoUK would like to offer perspectives that reflect the interests of […]
Interview: Driving Innovation in the UK’s Web3 Industry
Interview published by the Cryptonomist on the 19th of August 2024. We sat down for an interview with Petr Kozyakov, […]
Unlocking Crypto’s Mainstream Potential: How Transparency Can Shape this Market
The cryptocurrency market continues to garner significant attention, attracting investors and innovators with its promise of revolutionary financial solutions. However, […]
Insights on Crypto Accounting Evolution from CryptoUK’s Policy Advisor Suzanne Morsfield
Suzanne Morsfield, Policy Advisor at CUK, shares insights from a recent discussion at the IFRS Foundation. The discussion included thoughts […]
Congrats on the Election Victory – Now Make the UK a Place for Crypto to Thrive
In this article, published July 9th 2024, our Executive Director, Su Carpenter, shared her insights with the Financial Times’Banking Risk […]
Participate in our Working Groups
Working groups offer members a unique opportunity to actively shape the future of the UK's cryptoasset industry. By participating, members can collaborate with industry peers to share best practices, respond to regulatory developments, and engage directly with policymakers to advocate for fair and proportionate policy and regulation. This collaborative approach not only enhances individual organisational growth but also contributes to the overall advancement and integrity of the cryptoasset sector in the UK.
Regulation Working Group
The Regulation Working Group addresses regulatory challenges, reviewing sector issues, consultations, and providing policy recommendations. Meanwhile, our regulation sub-groups focus on political frameworks and operational implementation.
Tax Working Group
The Tax Working Group aims to educate HMRC, HMT, the Treasury Select Committee, and the OECD on the complexities of DA taxation. Through sub-groups focused on DAOs, DeFi, and NFTs, it addresses restrictive guidelines that push UK crypto innovation offshore.
Financial Crime Working Group
The Financial Crime Working Group aims to address various topics, forming sub-groups for key areas. Key topics include FATF Travel Rule implementation, sanctions compliance, KYC challenges, blockchain alert investigations, DeFi risks, transaction monitoring, and data quality.
ESG Working Group
The ESG Working Group addresses key sustainability, inclusion, and reporting issues in the crypto sector. The group aims to drive industry-wide change by raising ESG awareness, advocating for practical regulation, and highlighting the sector’s positive ESG impact.
Key Results
As the UK’s first crypto and blockchain industry trade association, CryptoUK has led major policy initiatives since 2017, including contributions to the Kalifa Review, the Crypto Assets Task Force, and Travel Rule legislation. Serving as secretariat for the Crypto and Digital Assets APPG, CryptoUK drives key policy discussions, establishing the UK as a leader in crypto and digital assets.
UK’s First Crypto Industry Association
Founded in 2017 with 30 members, CryptoUK led the first UK policy campaign for crypto and blockchain. It actively participated in pivotal HM Treasury Select Committee hearings in 2018 and 2022, which led to the establishment of the UK Crypto Assets Task Force, bringing together HM Treasury, the Bank of England, and the Financial Conduct Authority.
Major Influence on the Kalifa Review
In the landmark Kalifa Review of UK FinTech, CryptoUK contributed a pivotal crypto policy position, advocating for a UK regulatory regime to establish the nation as a global leader in crypto and digital assets. Their recommendations were adopted by the government in April 2022, with Rt Hon. John Glen MP outlining plans to position the UK as a global crypto technology hub.
Shaped the UK’s Travel Rule Legislation
CryptoUK collaborated with HM Treasury on balanced Travel Rule policies, specifically addressing transactions to non-hosted wallets. Successfully advocating for a risk-based approach to these transfers, CryptoUK achieved a divergence from EU policy, aligning UK legislation with a proportionate stance on crypto regulation.
Crypto and Digital Assets APPG
Launched in 2021 with CryptoUK as secretariat, the Crypto and Digital Assets All-Party Parliamentary Group (APPG) achieved significant milestones, including a 2022 crypto inquiry. The findings were presented to Rt Hon. Andrew Griffith MP, Economic Secretary to the Treasury, during a Westminster Hall debate, marking a key step in shaping UK crypto policy.
Educate, Inform, and Advocate
CryptoUK supports the industry through advocacy, outreach and the development of policy positions within our committees and working groups. Since 2018, we have submitted more than 100 detailed responses to UK regulators.
Engage Global Industry Participants
Through our roundtables, in-person events, and webinars, CryptoUK creates opportunities for industry participants to collaborate with each other, and directly with policymakers as a collective voice of the UK digital and crypto asset ecosystem.
Promote Accountability and Self Governance
CryptoUK established the first Crypto Code of Conduct in the UK, designed to improve operating and governance standards, promote professional accountability, and instil more robust consumer protection within the digital asset ecosystem.
Ready to join CryptoUK?
At CryptoUK, we bring together industry leaders, policymakers, and innovators to shape the future of crypto and digital assets in the UK. As a member, you’ll gain access to exclusive insights, advocacy efforts, and networking opportunities that help drive responsible innovation and regulatory clarity. Whether you're a startup, established business, or institutional player, being part of CryptoUK means having a say in the policies that impact your industry. Enquire about membership today and be part of the conversation.